The International Accounting Standards Board (IASB), the accounting standards-setting body of the IFRS Foundation, announced the publication of a consultation document, with a series of new proposed illustrative examples aimed…
Google announced a new 10-year agreement with power company PacificLight and renewable energy developer RExus Bioenergy to build a wood-to-waste plant in Singapore, and provide clean energy to Google to…
In the last month, two new regulations have been formally adopted: the EU’s Eco-design Sustainable Products Regulation (ESPR) and the Corporate Sustainability Due Diligence Directive (CSDDD).
The ESPR is a framework…
The House Judiciary Committee sent letters to more than 130 U.S.-based companies, retirement systems and government pension funds that are members of Climate Action 100+, questioning their involvement in the…
The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have launched a joint interoperability mapping resource to align TNFD Disclosure Recommendations with GRI Standards, streamlining reporting…
A record number of environmental and social-related shareholder proposals, 349, went to a vote before U.S. boards in the first half of 2024, according to data unveiled by Diligent Market…
The window for lawmakers to repeal the Securities and Exchange Commission’s climate-risk disclosure rule via the Congressional Review Act closed on Thursday, which marked 60 Senate session days since the…
Microsoft announced the purchase of 80,000 Tons of Carbon tons of carbon removals from the Northern California-based Western Rivers Conservancy’s Blue Creek Improved Forest Management Project, facilitated by climate solutions…
In the latest quarter, sustainable bond issuance reached $234 billion, representing a 20% decline year-over-year and a 19% decrease from the robust Q1 2024 performance. For the first half of…
Market Dynamics Driving ESG Evolution
Market forces, including shifting ESG regulations, U.S. anti-ESG sentiment, and increasing competition among ESG service providers, are reshaping asset managers and rating agencies’ ESG integration.
BlackRock’s…
The number of plastic bags found on UK beaches has plummeted by 80% over the past decade, following the introduction of a mandatory fee for single-use carrier bags. According to…
The International Accounting Standards Board (IASB) published a consultation document, proposing eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties…